What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2023-03-01 compared with 2022-03-01 · 19 added, 39 removed, 45 unchanged (56% of the section changed)

1 unchanged sentence

Market Information

Our common stock has traded on the

Nasdaq Capital Market under the symbol “LWLG” since September

Prior to that time, our common stock traded on the OTCQX and OTCQB under the symbol “LWLG.” While our common stock

was trading on the OTCQX and OTCQB, any over-the-counter market quotations reflected inter-dealer prices, without retail mark-up, mark-down

or commission and may not necessarily represented actual transactions.

As of February 28, 2022, there were

approximately 80 holders of our common stock.

This does not include persons who hold our Common

Stock in nominee or “street name” accounts through brokers or banks.

No cash dividends have been declared

or paid on our common stock to date and we currently intend to use all available funds to fund the development and growth of our business.

Our common stock trades on the Nasdaq

Capital Market under the symbol LWLG.

On February 28, 2022, we had approximately

80 holders of our common stock, not including persons who hold our common stock in nominee or "street

name” accounts through brokers or banks.

Our Company has never paid

a cash dividend and has no present plans to pay cash dividends .

Securities Authorized for Issuance under Equity Compensation Plans

15 unchanged sentences

Equity compensation plans not approved by security holders (2)

Reflects shares of common stock to be issued pursuant to our 2016 Equity

Incentive Plan and our 2007 Employee Stock Plan, both of which are for the benefit of our directors, officers, employees and consultants.

Reflects shares of common stock to be issued pursuant to our 2016 Equity Incentive Plan and our 2007 Employee Stock Plan, both of which are for the benefit of our directors, officers, employees and consultants.

We have reserved 8,000,000 shares of common stock for such persons pursuant to our 2016 Equity Incentive Plan.

We terminated our 2007

Employee Stock Plan in June 2016 and no additional awards are made under that plan.

We terminated our 2007 Employee Stock Plan in June 2016 and no additional awards are made under that plan.

Comprised of common stock purchase warrants we issued for services.

Stock Performance Graph

The following

performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the

Securities and Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities

Act or the Exchange Act except to the extent we specifically incorporate it by reference into such filing.

Our stock price performance

shown in the graph below is not indicative of future stock price performance.

The graph set forth below compares

the cumulative total stockholder return on our common stock between December 31, 2016 and December 31, 2021, with the cumulative

total return of (a) the NASDAQ Composite Index and (b) Solactive EPIC Core Photonics EUR Index NTR, over the same period.

graph assumes the investment of $100 on December 31, 2016 in our common stock, the NASDAQ Composite Index and the Solactive EPIC Core

Photonics EUR Index NTR and assumes the reinvestment of dividends, if any.

set forth below compares the cumulative total stockholder return on our common stock between December 31, 2017 and December 31, 2022,

with the cumulative total return of (a) the NASDAQ Composite Index and (b) Solactive EPIC Core Photonics USD Index NTR, over the same

This graph assumes the investment of $100 on December 31, 2017 in our common stock, the NASDAQ Composite Index and the Solactive

EPIC Core Photonics USD Index NTR and assumes the reinvestment of dividends, if any.

The graph assumes our closing sales price on December

5 unchanged sentences

obtained from the NASDAQ Stock Market LLC and Solactive AG, financial data providers and sources believed to be reliable.

NASDAQ Stock Market LLC nor Solactive AG are responsible for any errors or omissions in such information.

Lightwave Logic, Inc.

NASDAQ Composite Index

Solactive EPIC Core Photonics EUR Index NTR

graph and related information shall not be deemed “soliciting material” or to be “filed” with the Securities and

Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities Act or the Exchange

Act except to the extent we specifically incorporate it by reference into such filing.

Our stock price performance shown in the graph

below is not indicative of future stock price performance.

Recent Sales of Unregistered Securities

1 unchanged sentence

report, our Company has sold the following securities without registering the securities under the Securities Act:

June 25, 2021

Common Stock — 150,000 shares of Common Stock at $.63 per share pursuant to a warrant exercise.

June 30, 2021

April 6, 2022

Common Stock — 150,000 shares of common stock at $1.48 per share pursuant to a warrant exercise.

June 30, 2021

Common Stock — 25,000 shares of common stock at $.75 per share pursuant to a warrant exercise.

July 23, 2021

Common Stock — 25,000 shares of common stock at $.64 per share pursuant to a warrant exercise.

1 unchanged sentence

Common Stock — 125,000 shares of common stock at $.98 per share pursuant to a warrant exercise.

Common Stock — 25,000 shares of Common Stock

at $.64 per share pursuant to a warrant exercise.

Common Stock — 25,000 shares of Common Stock

at $.67 per share pursuant to a warrant exercise.

No underwriters

7 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity